ECON 10A
Math Review
Partial Derivatives
Introduction + Example
Recommended video:
2-minute overview of how microeconomic theory can be useful in daily life.
Brief Overview of Microeconomics
(03:25-05:15)
Budget Constraints & Preferences
Documents:
Supplementary Notes
Budget Constraints and Preferences Topic Notes and Formulas.pdfPractice Problems
Budget Constraints and Preferences Practice Problems.pdfExternal videos:
Review of Budget Constraints
+ Big Picture Overview
(01:00-5:30)
Review of Preferences, Utility,
+ Overview
(0:00 - 18:30)
Marginal Rate of Substitution
Supplementary Notes
Marginal Rate of Subsitution Topic Notes and Formulas.pdfPractice Problems
Marginal Rate of Substitution Practice Problems.pdfIntroducing the MRS
External video:
Review of Marginal Utility and Marginal Rate of Substitution
(18:30-26:00)
Utility Maximization
External video:
Supplementary Notes:
Cobb Douglas
Utility Maximization (Cobb Douglas) Topic Notes and Formulas.pdfSupplementary Notes: Perfect Substitutes, Perfect Complements, and Quasi-Linear
Utility Maximization (Different Utility Functions) Topic Notes and Formulas.pdfPractice Problems:
Cobb-Douglas
Utility Maximization (Cobb Douglas) Practice Problems.pdfPractice Problems:
Perfect Substitutes, Perfect Complements, and Quasi-Linear
Utility Maximization (Different Utility Functions) Practice Problems.pdfCobb-Douglas
Example
Perfect Substitutes Example
Perfect Complements Example
Quasilinear:
Increasing MRS
Quasilinear:
Diminishing MRS
Quasilinear:
Special Case w/ MRS
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Substitution & Income Effects
Supplementary Notes
Substitution and Income Effects Topic Notes and Formulas.pdfPractice Problems
Substitution & Income Practice Problems.pdfSubstitution & Income Effects
Endowments (Buyers & Sellers)
Supplementary Notes
Endowments (Buyers and Sellers) Topic Notes and Formulas.pdfPractice Problems
Endowments (Buyers and Sellers) Practice Problems.pdfEndowments
Labor Supply
Supplementary Notes
Labor Supply Topic Notes and Formulas.pdfPractice Problems
Labor Supply Practice Problems .pdfLabor Supply
Reservation Wage
Review of Labor Supply Markets
(17:40)
Intertemporal Preferences
Supplementary Notes
Intertemporal Topic Notes and Formulas.pdfPractice Problems
Intertemporal Practice Problems.pdfIntertemporal Preferences
Insurance & Expected Utility
Supplementary Notes
Insurance & EU Notes & Formulas .pdfPractice Problems
Insurance and Expected Utility Practice Problems.pdfPartial Insurance
No Insurance
Full Insurance
Max Insurance
Uncertainty & Expected Utility Theory
Supply & Demand (Equilibrium)
Supplementary Notes
Equilibrium, Supply_Demand, Surplus, and Elasticity Topic Notes and Formulas.pdfPractice Problems
Equilibrium, Supply_Demand, Surplus, and Elasticity Practice Problems.pdfOverview of Supply & Demand
(11:13-15:45)
Graphing
Supply and Demand Functions
Solving for Equilibrium w/o Graphing
Surplus, Taxes, & Elasticity
Taxes & Deadweight Loss
Elasticity: Price, Cross, and Income
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Supply & Technology (Labor & Capital)
Includes Firm and Industry Supply
Supplementary Notes
Technology and Supply Topic Notes and Formulas .pdfPractice Problems
Technology and Supply Practice Problems.pdfCost Minimization
Supplementary Notes
Cost Minimization Topic Notes and Formulas.pdfPractice Problems
Cost Minimization Practice Problems.pdfCost Minimization
Profit Maximization
Includes Factor Demand
Supplementary Notes
Profit Maximization Topic Notes and Formulas.pdfPractice Problems
Profit Maximization Practice Problems.pdfProfit Maximization
Introduction to
Perfect Competition
(6:55)
Short-Run Profit Maximization, Guided Example
(21:23)
Cost Curves
Includes Economic Rent, Firm Supply, and Inndustry Supply
Supplementary Notes
Cost Curves Topic Notes and Formulas.pdfPractice Problems
Cost Curves Practice Problems.pdfCost Curves
Cost Curves + Short Run Cost Example
(0:00 - 13:40)
Cost Curves Overview / Review
(MR, MC, ATC, AVC)
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Additional Resources
Tutor Resources
10A Group Recordings (from COVID)
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UCSB CLAS ECON & STATS